Forum Discussion
LindsayRichards
Jun 17, 2014Explorer
All of the Canadian oil from that area is presently coming to American refiners and being sold in the US. Rail cars (owned by Warren Buffet) are being used to carry the oil now. The Keystone XL will be used to increase the existing shipments. Oil is a commodity and is sold to the highest bidder. American refiners will be in the best position to buy it as it is already here and no shipping is involved. We already have over 200,000 miles of large crude oil pipelines in our infrastructure. The notion that it will not be sold in the US has been bouncing around the internet for years and defies logic. No financial reason to ship it to half way around the world to China, when it can be used right here. Think it through.
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